Amit_Ghosh

HDFC AMC Double Bottom Setup

Long
Amit_Ghosh Updated   
NSE:HDFCAMC   HDFC ASSET MANAGEM
It fell with a gap and formed a double bottom. It will create a pin bar in daily and fly high. Worst case is consolidation and risk reward is juice!
Comment:
Buy above 1445 with a hard stop loss at 1395 or Buy above 1445 with a CBSL at 1400. Target 1500+
Comment:
This setup is invalid now.
It is making triple bottom. Friday it will have last chance of triggering then we need to discard it.

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